What are you folks doing? I bought a STR last year, and if I file now, I get 80% bonus depreciation. Alternatively, I can file an extension and get 100% somewhere down the line this year.
1. Can anyone recommend a solid syndication that accepts 1031 exchanges, preferably Multi Family?
2. If I have a property in a 1031 exchange and I am looking to sell it, I will be on the hook for capital gains and de...
Hello all, I have an international student as a tenant and I haven't been able to get ahold of him in the past week. He doesn't have an SSN.
A couple weeks ago, I found a post on the university's housing page of him ...
i am looking for a few good go zone cpa referrals, anyone??
Does anyone have income from one LLC flow directly to another LLC that they own?I own 25% of an LLC for flipping houses and similar. I own 50% of another LLC for building homes here and there. I am thinking to open a ...
There are some new tax laws in effect and others that are sunsetting, making our 2023 taxes look a bit different.
Inflation Reduction Act Updates
45L Energy-Efficient Home Tax CreditThe revisions to this tax credi...
I client of mine is looking into a plot of land to develop in Brooklyn. Here are the stats:Max residential FAR 2.43Max facility FAR 4.8Lot size: 2853 sfMax residential buildable sf: 6933 sfMax facility buildable sf: ...
There are many CRE syndications that will be facing Cash Calls in the coming months/years, and many have already started this process. Just wanted to start a thread on some things to consider if you’re an LP facing a ...
If I purchased and placed a property in service in 2023 and I have no need for the bonus depreciation on my 2023 taxes, can I claim bonus depreciation on the property for 2024 taxes? If yes, what would I need to do?
I recent purchased Brandon Turner's book through my Audible subscription. I've been enjoying the content, but I hear continual reference to being able to view all the figures and references in the book on this forum ...